German firm closures at highest level in 14 years

NAMPA / DPA
2025-05-21
Dusseldorf (dpa) - The number of German firms closing their doors for good rose last year by as much as 16% on the year to 196,100, the Creditreform agency and the ZEW economic research institute reported on Wednesday. The figure was the highest since 2011, when the effects of the financial crisis were still being felt. "The closure numbers are alarming in all economic sectors," Creditreform's Patrik-Ludwig Hantzsch said. "Industrial concerns are......
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